Post
Topic
Board Bitcoin Discussion
Re: Satoshi should give away a good chunk of the 1.000.000 btc he has
by
mateo
on 04/03/2014, 11:39:46 UTC
Having 1 million btc is a complete obscenity.

He should start giving them away somehow.

He is not the 1% but the 0.000001% Warren Buffet is broke compared to satoshi (talking about wealth percentage)

What do you think?

A million btc is not worth what you think.   If a million BTC were to be sold or given away in a short period, it would crash the market -- devaluing bitcoin in general, and devaluing your own coins.   

Which is probably the point. If I had a million coins, there's no way in hell I would just give them away and neither would you, but it's bad for the supposedly decentralized Bitcoin in general, when one person/entity holds almost 10% of the entire supply and thus has the power to kill it for years.